Across challenging markets, partnering with an experienced team of investment professionals makes all the difference.

As manager of Baird Funds’ fixed income offerings, Baird Advisors takes an all-weather approach designed to control risk while adding incremental value through yield-curve positioning, sector allocation, security selection and competitive execution. Portfolios are built to manage risk and provide consistent, incremental returns relative to industry benchmarks across complete market cycles and are available at competitively low fees. Additionally, Baird Short-Term Bond Fund (BSBIX), Baird Ultra-Short Bond Fund (BUBIX) and Baird Aggregate Bond Fund (BAGIX) all receive a Gold Morningstar Analyst Rating™.

Baird Advisors' Advantage

For more than 30 years, Baird Advisors’ core leadership team has worked together, placing them in a distinctive position within the industry to help clients meet their objectives. Their philosophy is built on timeless principles:

  • A skilled investment team comprising complementary backgrounds and diverse perspectives
  • Competitive, risk-controlled returns
  • High-quality, attractively priced products
  • An unwavering focus on investors’ needs

Investors should consider the investment objectives, risks, charges and expenses of each fund carefully before investing. This and other information is found in the prospectus and summary prospectus. For a prospectus or summary prospectus, contact Baird directly at 866-442-2473 or contact your Financial Advisor.

Performance data quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment in the fund will fluctuate so that an investor's shares when redeemed may be worth more or less than their original cost. Current performance data may be lower or higher than the data quoted.  For performance data to the most recent month end, contact Baird directly at 866-442-2473 or www.bairdassetmanagement.com/baird-funds.

Expense Ratio for the Institutional Share Classes is 0.30%; for the Investor Share Classes is 0.55%.The Advisor has contractually agreed to waive management fees for the Baird Ultra Short Bond Fund in an amount equal to an annual rate of 0.15% of the average daily net assets for the Fund until April 30, 2021. The agreement may only be terminated prior to the end of this term by or with the consent of the Board of Directors of Baird Funds, Inc.

Returns shown include the reinvestment of all dividends and capital gains.

© 2021 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

The Morningstar Analyst Rating™ is not a credit or risk rating. It is a subjective evaluation performed by Morningstar’s manager research group, which consists of various Morningstar, Inc. subsidiaries (“Manager Research Group”). In the United States, that subsidiary is Morningstar Research Services LLC, which is registered with and governed by the U.S. Securities and Exchange Commission. The Manager Research Group evaluates funds based on five key pillars, which are process, performance, people, parent, and price. The Manager Research Group uses this five-pillar evaluation to determine how they believe funds are likely to perform relative to a benchmark over the long term on a risk adjusted basis. They consider quantitative and qualitative factors in their research. The impact of the weighted pillar scores for people, process and parent on the final Analyst Rating is further modified by a measure of the dispersion of historical alphas among relevant peers.  

The Analyst Rating scale is Gold, Silver, Bronze, Neutral, and Negative. For active funds, a Morningstar Analyst Rating of Gold, Silver, or Bronze reflects the Manager Research Group’s expectation that an active fund will be able to deliver positive alpha net of fees relative to the standard benchmark index assigned to the Morningstar category. The level of the rating relates to the level of expected positive net alpha relative to Morningstar category peers for active funds.  Analyst Ratings ultimately reflect the Manager Research Group’s overall assessment, are overseen by an Analyst Rating Committee, and are continuously monitored and reevaluated at least every 14 months.  

For more detailed information about Morningstar’s Analyst Rating, including its methodology, please go to https://shareholders.morningstar.com/investor-relations/governance/Compliance--Disclosure/default.aspx. 

The Morningstar Analyst Rating (i) should not be used as the sole basis in evaluating a fund, (ii) involves unknown risks and uncertainties which may cause the Manager Research Group’s expectations not to occur or to differ significantly from what they expected, and (iii) should not be considered an offer or solicitation to buy or sell the fund.